NOT LISTED FOR SALE

95 Formon Dr Paragould, AR 72450

Estimated Value: $178,000 - $242,000

4 Beds
2 Baths
1,568 Sq Ft
$136/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $209,900 $134 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,144/month

10 Days on Market

Highlights

  • New Construction
  • Corner Lot
  • Patio
  • Converted Barn or Barndominium
  • Walk-In Closet
  • Laundry Room

About This Home

As of July 2024

Discover modern living with this exquisite barndo style home, offering 4 bedrooms and 2 baths across 1,568 sqft +/- of expertly designed space. This energy-efficient, all-electric home combines sustainability with comfort, ensuring lower energy costs and a smaller carbon footprint. Step into a beautiful kitchen highlighted by an accent-colored island, perfect for both everyday meals and entertaining guests. The primary suite is a retreat with its spacious walk-in closet and luxurious walk-in shower. The home's flexible layout includes a versatile fourth bedroom that can be easily transformed into an office, sunroom, or formal dining room, catering to your lifestyle needs. Enjoy the airy living room with its impressive 10' ceilings and transom windows that flood the space with natural light. Relax on the covered porch while taking in the charm of your corner lot, which is not located in a flood zone for added peace of mind. The property is fully serviced with all utilities, including high-speed fiber internet provided by PMU. To make this dream home even more accessible, the seller is offering up to $7,000 to cover closing costs or to buy down your interest rate.

Last Agent to Sell the Property

Pete Cancilla

IMAGE Realty Listed on: 06/25/2024

Last Buyer's Agent

Delaine Landrum

Ridgetop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $152

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Converted Barn or Barndominium
  • Bungalow
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Metal Siding

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Low Emissivity Windows
  • Insulated Windows
  • Combination Kitchen and Dining Room
  • Concrete Flooring
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Schools

  • Paragould Middle School

Additional Features

  • Energy-Efficient Insulation
  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Builder Warranty

Home Details

Home Type

Single Family

Est. Annual Taxes

$152

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Bungalow/Cottage, Barndominium
  • Ext Features: Patio
  • Inside City Limits: Yes
  • LVT Date: 06/25/2024
  • New Construction: Yes
  • Price Per Sq Ft: 133.86
  • Road Surface: Paved
  • Street Designation: Drive
  • Termite Company: HYDES
  • Type: Detached
  • Warranty: 1Yr Warr Offrd By Builder
  • Estimated Year Built: 2024
  • Internet Type: Internet-Fiber
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2024

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: Primary Bedroom Apart, 4 Bedrooms Same Level
  • Estimated Sq Ft: 1568
  • Bedrooms: 4
  • Floors: Concrete
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Walk-In Closet(s), Walk-In Shower
  • Kitchen Equip: Microwave, Electric Range, Dishwasher, Disposal
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Brick, Metal/Vinyl Siding
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy)
  • Heat Air: Central Cool-Gas, Central Heat-Electric

Schools

  • Middle School: Paragould

Lot Info

  • Estimated Lot Size: 0.18
  • Estimated Lot Size: 72X108
  • Lot: Level, Corner Lot
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows, Extra Insulation
  • Green Features: Low-E Windows

Tax Info

  • Annual Taxes: 60.75
  • Year: 2024

MLS Schools

  • Middle School: Paragould

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Jul 31, 2024
Sold by
Cancilla Llc
Bought by
Folkes Barbara Edith
Seller's Agent
Pete Cancilla
IMAGE Realty
Buyer's Agent
Delaine Landrum
Ridgetop Realty
List Price
$209,900
Sold Price
$209,900
Views
13
Current Estimated Value
$213,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,015
Avg. Annual Appreciation
1.55%
Original Mortgage
$209,900
Outstanding Balance
$207,525
Interest Rate
6.87%
Mortgage Type
VA
Estimated Equity
$6,390

Purchase Details

Closed on
Feb 12, 2024
Sold by
Fcc Development Llc
Bought by
Cancilla Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,150
Interest Rate
6.61%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Folkes Barbara Edith $209,900 None Listed On Document
Cancilla Llc $16,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folkes Barbara Edith $209,900
Previous Owner Cancilla Llc $169,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2024 07/31/24 Sold $209,900 0.0% $134 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $209,900 -- $134 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $152 $3,300 $3,300 $0
2023 $61 $1,320 $1,320 $0
2022 $61 $1,320 $1,320 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24022340

Cooperative Arkansas REALTORS® MLS

APN: 1589-00144-000